Settings8H · net · $10k
Funding arb · Price arb /

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.048%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.011%−$1 · spread now −0.048%, 7d avg −0.007%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GALA_USDT0.0020900.0100pay 0.0100% / 8h39m 30s$5.7M$3.4M125x
ShortOKX GALA-USDT-SWAP0.0020890.0100get 0.0100% / 8h39m 30s$2.2M$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.048% → −0.007%
−$4.11
Slippage, 4 orders
−$41.36
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.47
Costs to cover
0.514%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago2.39 bp5.2 bp −$517.8 bp −$17898.8 bp −$9,882179.0 bp −$89.5K
Sell OKX live order book, 3 min ago2.39 bp19.6 bp −$2059.4 bp −$594doesn't fitdoesn't fit

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GALA/USDC PERP+0.0033%1h0.002110+0.957%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002091+0.048%$310K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002091+0.030%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.0020900.000%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002089−0.048%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002089−0.048%$2.2M$4.4M50x
Gate GALA_USDT+0.0100%8h0.0020900.000%$1.7M$1.2M75xas long as short
MEXC GALA_USDTlong+0.0100%8h0.002090long leg$5.7M$3.4M125x
KuCoin GALAUSDTM+0.0100%8h0.002088−0.096%$1.8M$6.2M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002089−0.048%$2.2M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.0020900.000%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002090+0.011%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002090+0.020%$3K$156K5xas long as short
BloFin GALA-USDT+0.0117%8h0.002101+0.526%$310K$71K20xas long as short
Kraken Futures PF_GALAUSD+0.0583%1h0.002093+0.166%$664K$158K25xas long as short